Looking to pay at an online casino site using a cryptocurrency? If so, Ripple (commonly abbreviated to XRP), could be a fantastic choice. Sure, it’s nowhere near as popular as Bitcoin, however this payment option has been around since 2012, and in that time, it’s amassed a loyal group of users. This is thanks to the safety on offer, as well as the incredibly smooth transactions and the fact that there are absolutely no fees to pay. Why not learn more about using XRP at online gambling sites by looking through the page below?
The History of Ripple
Ripple is a bit more than your run-of-the-mill cryptocurrency. It’s a complex network created by Ripple Labs Inc., supporting several functions. These functions include a currency exchange platform, a remittance network, and a real-time gross settlement system. Like most crypto, Ripple was made on an open-source protocol. It supports several types of tokens, including fiat currencies, cryptocurrencies, and other commodities with value attached to them. Ripple’s native cryptocurrency is called XRP. It was made to provide quick and secure transactions with minimal fees attached.
It might come as a surprise to some, but Ripple is older than Bitcoin! It launched in 2005 as a financial service and added crypto functionality down the line when its potential grew. Unlike many of its competitors, Ripple has had more than moderate success in the mainstream. Since the platform offers several functions, it’s seen plenty of interest from banks throughout the years. In 2018, over 100 banks signed up for Ripple’s services, but most avoided the cryptocurrency side of things and stuck to using the platform’s messaging tech.
Getting Started
While it has a few differences, using this currency is essentially the same as using most other cryptocurrencies. So, to start with, you’ll need to head to an exchange and purchase XRP, which can be done using a credit/debit card or many other ways. The currency just purchased can then be stored at the exchange, however this isn’t particularly secure. Instead, you should download a wallet or, even better, purchase a hardware wallet. Your XRP can then be stored there, in a far safer environment.
Once there is XRP in your wallet, you’ll need to hit the internet and find the best site accepting this payment method. This can easily be done by reading through the various reviews here on this website. It’s then a case of signing up with the chosen site - something that should only take a couple of minutes maximum.
Deposits
The first thing to do when making a deposit using this currency is head to the depositing page, before then selecting the correct option from the list. After you’ve selected Ripple, you’ll find that your casino account is assigned a unique 34-character wallet address. Select this and copy it into your computer’s clipboard, as it’s going to be needed soon.
The next stage is to head to your wallet and, providing there are funds in it, initiate the transaction. To do this, choose how much money to deposit and then enter the code that the gambling site quoted. Make sure the code is entered correctly - doing so incorrectly could lead to the XRP heading to the incorrect location, meaning that it will be lost forever. Once the transaction has been confirmed, head back to the casino. The money will then be in your gambling account within a matter of seconds. It can then be used to play casino games, including roulette and blackjack, straightaway.
Withdrawals
Withdrawals won’t always be offered, and in this case, an alternative way to get your hands on the money will need to be selected. If XRP can be used for withdrawals though, the first thing needed is your wallet address. It’s then a case of heading to the withdrawals section of the casino and selecting the correct option. Tap in the wallet address and how much money to withdraw, and then confirm the transaction.
Some withdrawals using this currency are instant, which is clearly a fantastic thing. It can sometimes take a couple of days for the casino to process the payout request though. Check the withdrawal times at an online gambling site before requesting the payout, just to be aware of how long the wait will be. Also, make sure that all wagering requirements have been met for any claimed bonuses, otherwise you might not receive all the money that has been requested.
What Are the Laws and Regulations for Ripple Gambling?
The burning question on everyone’s tongue is whether crypto gambling is a legal activity. Of course, the answer to this is much more complicated than it might seem. Crypto and crypto gambling regulations are vastly different depending on your location. World governments can’t seem to agree on crypto, and we can’t say that we blame them! The technology is still a novelty for some, and understanding its potential can take time and effort that some countries can’t spare right now.
When exploring crypto laws and regulations, the best thing you can do is look at them on a country-to-country basis. Some places see crypto as a massive plus and try to adapt it to their lifestyle, while others want nothing to do with it! South Korea and El Salvador are perfect examples of this. In South Korea, Crypto and Crypto gambling is illegal. While measures are against it aren’t strictly enforced, using it can spell trouble for crypto fans. El Salvador is the opposite. Crypto is beloved in the country, and the government even made Bitcoin Legal tender in the second half of 2021!
Not all world regions take things to these extremes. The US, for example, is a sort of middle ground when crypto gambling is in question. In general, the activity isn’t prohibited. Naturally, this doesn’t mean that crypto gambling can’t get players into trouble! Different US states have different regulations. While the variations between them might not be too drastic, they can be enough to confuse crypto gamblers. What’s allowed in one state, might not be in another, so make sure to check legislation thoroughly before you take on a crypto venture of your own.
A praised example of how Crypto gambling should be regulated comes from the UK. Given the country’s general gambling laws and licensing process, we’re not at all surprised it’s seeing positive attention! In the UK, it’s a bit harder for crypto-friendly operators to obtain a license. The process requires more effort on their side, which is understandable in hindsight. The reason why crypto-friendly venues go through more red tape is simple. Since crypto gambling is more prone to scams, bad practices, and illegal activities, the licensing process aims to increase player protection.
Can I Play All Casino Games with Ripple?
No industry is immune to doubts about crypto. Of course, this includes the online gambling industry. At the moment, the iGaming world is about evenly split on the crypto debate. While some developers are supportive of it, others avoid it. Because of this, access to casino games is limited for cryptocurrency users. Despite this, Ripple enthusiasts are privy to some high-quality games from top-tier casino software developers!
On the list of crypto-friendly iGaming studios, you’ll see familiar names like Endorphina, Yggdrasil, iSoftBet, Wazdan, Mr Slotty, Habanero, and more! When popular games are in question, you’ll find titles like Neptune’s Kingdom, Riot, Robin of Loxley, and many others!
Advantages
The biggest reason this cryptocurrency is so popular is the fact that it negates the need for currency conversion. You might not know this, but if you deposit in one currency, but the site uses a different currency, it takes a while for the exchanges to be carried out. Ripple removes the need for currency conversion though, which can only ever benefit the player.
Because the need for conversions has been negated, users will find that deposits made using this payment method are exceptionally fast. In fact, they’re faster than deposits from all other cryptocurrencies, including Bitcoin. After initiating the deposit, players only have to wait, on average, four seconds for the money to be in their casino account. Some other cryptocurrencies can take minutes, or even hours, for the transaction to be completed.
It’s also the case that this payment method is completely free. Even other cryptocurrencies can have very small charges, however there’s nothing to pay when using XRP. The merchant also doesn’t pay anything in order to accept this currency, meaning that they won’t try to pass these costs onto the player. If you do ever stumble across a site charging fees to deposit in this way, we’d recommend leaving immediately and signing up with a different gambling site instead.
Finally, and very importantly, this is one of the safest ways to pay at an online casino. This is because no personal details will ever need to be given to the gambling site in question, so they can never be appropriated by an unauthorised third party. Remember that banking details might have to be provided in order to withdraw though, depending on whether XRP can be used to receive payouts.
Disadvantages
There are two main disadvantages to this payment method, and the first is the fact that it isn’t too widely accepted. You will be able to use this site to find the available places to play, however the range of different gambling sites will be far lower than it would be if using a different payment option. Therefore, those who value variety above all else should probably deposit and withdraw at online casinos using Bitcoin instead.
The other problem is this: you absolutely must remember the sign-in details for your XRP wallet. Forgetting them isn’t like forgetting an email password, when a new one can be reset incredibly easily. Instead, forgetting a wallet password means that access will be lost to the wallet forever, and all money in it will therefore also be gone. This is why we’d recommend storing details somewhere at home (but not on a computer), just in case you do have a mental blip and forget something.
| Ripple payment method fees and facts | |
| Link to terms & conditions | https://ripple.com/legal/terms-of-use/#Eligibility |
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Step by Step Guide to Casino Deposits and Withdrawals using Ripple
With cryptocurrencies growing more and more popular by the day, it was expected to see online casinos keeping up with trends and allowing players to use different crypto to make deposits and withdrawals.
While Ripple might not be as popular and widespread as other cryptocurrencies, such as Bitcoin and Ethereum, it is still available in various casinos.
In case you have never used crypto as your banking method, don’t worry, we’ll guide you through the steps!
Before we start with that, you will need to have a crypto wallet with Ripple in it. If you don’t, make sure you open one and acquire currency before proceeding!
How to Make a Casino Deposit with Ripple
Even though the process of depositing crypto to online casinos might seem dreadful, you will quickly see that it isn’t as grim as it may seem and you will get through it with ease!
- Log In to Your Casino Account
Log in to your casino account using credentials you’ve used to create an account. In case you don’t have an account, you will need to create one in order to deposit funds.
- Head to the Deposit Options
Find the Deposit options and look for Ripple among the available cryptocurrencies. Once you find it, select it as your desired deposit option.
- Save the Casino Wallet Address
Write down, or copy the casino's wallet address. This is important as transactions cannot be undone.
- Go to Your Crypto Wallet
Head to your crypto wallet, select your desired currency and send option.
- Enter the Required Information
Enter the amount you would like to deposit, as well as the casino's crypto address that you have been given.
- Double Check the Entered Information
Always double check the entered information when dealing with crypto transactions. Check for any errors, and, once you are 100% sure there are none, you can proceed.
- Wait for Confirmation
Depositing funds via crypto is usually very fast, almost instant. Simply wait for the confirmation that the transaction is completed.
- Check Your Casino Balance
Once everything is done, head back to your online casino and check if your account balance has been updated properly!
And just like that you have successfully deposited funds into your casino account via Ripple. It wasn’t too hard, was it?
How to Withdraw Casino Winnings Using Ripple
When it comes to withdrawing funds from your casino account, it isn’t too hard either. If you have successfully deposited to your casino account via Ripple, you should have no issues withdrawing funds either!
- Log In to Your Online Casino Account Once Again
If you aren’t already logged in to your casino account, go ahead and log in.
- Find the Withdrawal Options
Search for the withdrawal options. Once you find them, look for Ripple and select it as your withdrawal method.
- Open Your Crypto Wallet
Find your Ripple wallet address and copy it. You will need this address in order to withdraw funds from your casino account.
- Head Back to Casino and Enter the Information Required
Enter the amount you would like to withdraw from your casino account and your crypto wallet address.
- Go Through the Entered Information Once Again
Even though it might bother you, double check the entered information as crypto transactions cannot be undone. Once you are sure all the information entered is correct, go ahead and request withdrawal.
- Wait for the Transaction to Finish
Once you’ve requested a withdrawal, you will need to wait a bit for it to complete. Usually it doesn’t take too long.
- Check Your Crypto Wallet
After a transaction is done, funds should appear in your crypto wallet. Go ahead and check if they have successfully arrived!
Overall, as you can tell, depositing and withdrawing funds using Ripple is pretty straightforward. The most important thing to keep in mind is that it is absolutely mandatory to enter the correct wallet addresses - both yours and casinos!
FAQ's
How does this payment method differ from other cryptocurrencies?
What’s the minimum/maximum transaction amount?
Can I trust this payment option?
Where can I buy XRP?
What’s the best casino offering this banking option?
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Member's feedback (22)
Using Ripple (XRP) for online casinos is fast, easy, and reliable. Deposits and withdrawals process almost instantly, and the fees are very low compared to other payment methods. I love how simple it is to manage my transactions, making my gaming experience smooth and stress-free. Ripple is secure, efficient, and convenient...
Using Ripple (XRP) for online casinos is fast, easy, and reliable. Deposits and withdrawals process almost instantly, and the fees are very low compared to other payment methods. I love how simple it is to manage my transactions, making my gaming experience smooth and stress-free. Ripple is secure, efficient, and convenient — definitely one of my top choices for cashing out at online casinos!
Show moreRipple is another affordable crypto option. It can be a little confusing at first because it requires the memo as well as the address and tag. As long as you follow the requirements and enter all the information you should not have any issues.
Okay so I may not like the whole receipt tagged numbers or whatever but that's not a big deal if you can find somewhere that lets you deposit with this which there's only like a handful of sites, but if you can this is one of the fastest ways to do it. You get confirmation in seconds. And best of all it's not anywhere close...
Okay so I may not like the whole receipt tagged numbers or whatever but that's not a big deal if you can find somewhere that lets you deposit with this which there's only like a handful of sites, but if you can this is one of the fastest ways to do it. You get confirmation in seconds. And best of all it's not anywhere close to being expensive. The only thing I don't like about it is that xrp fluctuates way too much way too fast so you can lose money pretty quickly. Just keep that in mind
Show moreXRP, AKA Ripple, is an odd duck. Not many places let you use it to deposit, but if you are able to, it is instantaneous. It has a few quirks, such as, last I checked, you ALWAYS have to have 10 bucks in your wallet to use send/receive anything. So unless you delete your wallet, you're always gonna have 10 bucks you can't...
XRP, AKA Ripple, is an odd duck. Not many places let you use it to deposit, but if you are able to, it is instantaneous. It has a few quirks, such as, last I checked, you ALWAYS have to have 10 bucks in your wallet to use send/receive anything. So unless you delete your wallet, you're always gonna have 10 bucks you can't touch. And then there is the confusing "memo" you have to send with every transaction. Other than those 2 weird aspects, Ripples a pretty decent choice.
Show moreRipple is great! XRP, One of the best of the cryptocurrency world, It’s so fast and there are no fees. It’s a great coin. It’s just a shame that it’s not widely accepted out there, hopefully that will change in the future. Definitely
Ripple is great! XRP, One of the OGs of the cryptocurrency universe, It’s so fast and there are no fees. It’s a great little coin. It’s just a shame that it’s not widely accepted out there, hopefully that will change in the future. Definitely recommend buying some to hang onto, it doesn’t hurt to expand your portfolio and...
Ripple is great! XRP, One of the OGs of the cryptocurrency universe, It’s so fast and there are no fees. It’s a great little coin. It’s just a shame that it’s not widely accepted out there, hopefully that will change in the future. Definitely recommend buying some to hang onto, it doesn’t hurt to expand your portfolio and you never know what the future might bring
Show moreI really like Ripple (XRP) due to the fact that it processes much faster than most other cryptocurrencies do…I’m talking like within seconds. So for that reason I prefer depositing with it although the only drawback is that not every site accepts it.
one of the best coins of the last few years, its price got higher than everyone expected, it was from a few cents to almost the 3 usd in value, the fees are almost non existent and the transactions on the xrp network are always instantly, so u gotta love this coin
Ripple is my preferred method of depositing at online casinos. The transaction times are extremely fast, and the fees are minimum. Most popular exchanges provide xrp as an alt coin. The downsides are having a minimum xrp balance in non-custodial wallets and the inclusion of memos. As I stated previously, xrp transaction...
Ripple is my preferred method of depositing at online casinos. The transaction times are extremely fast, and the fees are minimum. Most popular exchanges provide xrp as an alt coin. The downsides are having a minimum xrp balance in non-custodial wallets and the inclusion of memos. As I stated previously, xrp transaction times are extremely fast and a wide variety of online casinos accept ripple
Show moreReally informative post! I didn’t realize Ripple offered such fast, fee-free transactions compared to other cryptocurrencies. It’s a great option for secure, anonymous deposits—just wish more casinos accepted it!
Deposits with Ripple (XRP) are particularly fast and inexpensive. However, they are subject to enormous price fluctuations. On the positive side, transactions often take only seconds and fees are minimal. XRP is well-suited for players who value efficiency. However, not every casino accepts Ripple. A special feature is...
Deposits with Ripple (XRP) are particularly fast and inexpensive. However, they are subject to enormous price fluctuations. On the positive side, transactions often take only seconds and fees are minimal. XRP is well-suited for players who value efficiency. However, not every casino accepts Ripple. A special feature is the correct tag entry for assigning transactions to the owner's wallet.
Show moreEinzahlungen mit Ripple (XRP) sind besonders schnell und günstig. Stehen aber unter enormen Kursschwankungen. Positiv ist das Transaktionen oft nur Sekunden dauern und die Gebühren minimal sind. XRP eignet sich gut für Spieler, die Wert auf Effizienz legen. Allerdings nicht jedes Casinos aktzeptiert Ripple. Besonderheit...
Einzahlungen mit Ripple (XRP) sind besonders schnell und günstig. Stehen aber unter enormen Kursschwankungen. Positiv ist das Transaktionen oft nur Sekunden dauern und die Gebühren minimal sind. XRP eignet sich gut für Spieler, die Wert auf Effizienz legen. Allerdings nicht jedes Casinos aktzeptiert Ripple. Besonderheit ist die korrekte Tag-Eingabe für die Zuordnung der Transaktionen bzw. Der Wallet des Besitzers.
Show moreI won some Ripple from a dice game site and then used it a few times to make some deposits of around $10 to $20 at online casinos and a financial betting site. One thing that Ripple does better than many cryptocurrencies is how fast the transaction is processed. It took under a minute and it was confirmed. There are also...
I won some Ripple from a dice game site and then used it a few times to make some deposits of around $10 to $20 at online casinos and a financial betting site. One thing that Ripple does better than many cryptocurrencies is how fast the transaction is processed. It took under a minute and it was confirmed. There are also many wallets for mobile and desktop. The only drawback is that not that many online casinos support it compared to some of the other more popular crypto coins.
Show moreI used Ripple (XRP) for a casino deposit. The transaction was processed in about 4 seconds, and the fees were minimal, which was impressive. However, I noticed that not all casinos accept XRP, and the value can fluctuate, which might affect the amount you receive upon withdrawal. Overall, it's a fast and cost-effective...
I used Ripple (XRP) for a casino deposit. The transaction was processed in about 4 seconds, and the fees were minimal, which was impressive. However, I noticed that not all casinos accept XRP, and the value can fluctuate, which might affect the amount you receive upon withdrawal. Overall, it's a fast and cost-effective option, but availability and volatility are considerations.
Show moreRipple is among my favourite cryptocurrencies to use while playing online. The transaction speed is unmatched that along with very low fees on transactions make it a favourable choice for me. I also never feel the need to worry about it having huge fluctuations as it is generally a pretty stable looking coin Well I would...
Ripple is among my favourite cryptocurrencies to use while playing online. The transaction speed is unmatched that along with very low fees on transactions make it a favourable choice for me. I also never feel the need to worry about it having huge fluctuations as it is generally a pretty stable looking coin Well I would first recommend something like light coin for absolute beginners ripple is an excellent choice for you if you’re getting a bit more comfortable in crypto.
Show moreI’ve only used Ripple (XRP) a few times for online gambling, but it’s not too bad. Transactions are pretty fast, and the fees are relatively low, which is always a plus. It’s easy to use, and I appreciate how it offers a good alternative to Bitcoin and other cryptocurrencies. While it’s not as widely accepted everywhere,...
I’ve only used Ripple (XRP) a few times for online gambling, but it’s not too bad. Transactions are pretty fast, and the fees are relatively low, which is always a plus. It’s easy to use, and I appreciate how it offers a good alternative to Bitcoin and other cryptocurrencies. While it’s not as widely accepted everywhere, it’s still a solid option for those looking to use crypto in online casinos.
Show morei dont really like using ripple if i have other crypto choices but if i have to use it then its still better to get quick cashouts instead of waiting on more traditional methods for cashout. i really prefer etherium first before other crypto currencys
After Eth and then Doge Ripple is my 3rd favorite depositing currency to use. Not all casinos accept it but the ones that do have a wide range of betting amounts and it's very cheap to send/receive plus fast to confirm
Great way to put money into the casino if you need that option a fast crypto transferred I definitely prefer this crypto coin for depositing any day
I recently tried using Ripple for my online casino transactions, and I’m really impressed! The speed of deposits is lightning fast, which is a huge plus when I want to jump right into the games. I appreciate the low fees compared to traditional banking methods, too. Plus, I feel more secure using crypto. The only tricky...
I recently tried using Ripple for my online casino transactions, and I’m really impressed! The speed of deposits is lightning fast, which is a huge plus when I want to jump right into the games. I appreciate the low fees compared to traditional banking methods, too. Plus, I feel more secure using crypto. The only tricky part was setting up my wallet initially, but once I got the hang of it, everything's been smooth. Definitely a method I’d recommend for fellow players!
Show moreDefinitely haven’t got a deposit too often with his coin, but I’ve a couple times I have. It’s been cool. It’s been OK. It’s average. It’s not like bitcoin or anything so it’s OK.
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